121-123 Parkview Avenue

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121-123 Parkview Avenue

La Porte, IN 46350
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in La Porte
  • Located at 121-123 Parkview Avenue in zip code 46350
  • Strategically positioned within the Northern Indiana regional economy
  • Suitable for investors targeting established residential housing assets
  • Asset provides access to local amenities and regional infrastructure

What's Special

The multifamily apartment building at 121-123 Parkview Avenue represents an asset within the La Porte, Indiana market. Positioned in a region characterized by its accessible connection to major regional transit corridors and proximity to the industrial and manufacturing hubs of Northern Indiana, this property serves as a stable residential option for the local workforce. As an apartment building, the structure functions as an investment vehicle for those seeking to participate in the growing demand for suburban rental housing. The location offers residents proximity to essential local services and infrastructure, making it a functional choice for tenants commuting within La Porte County. Investors looking for a multi-unit acquisition in this submarket will find the property positioned to support consistent occupancy requirements common in this area. Its layout provides a straightforward approach to residential property management and tenant engagement within an established neighborhood setting, allowing for long-term operational sustainability in an evolving Indiana market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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